By Ajay ji
The trade pact brings notable tariff reductions. The U.S. will remove its 10% tariff on U.K. aerospace products, giving a boost to companies like Rolls-Royce. In the auto sector, tariffs on British cars will drop from 27.5% to 10% for up to 100,000 vehicles per year. In return, the U.K. will grant greater market access to American products, including 13,000 metric tons of beef and increased ethanol imports, although a ban on hormone-treated beef remains.
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ByAjay ji
